Buddy's Home Furnishings is a leading rent-to-own franchise in the United States. The brand provides customers with a flexible model for acquiring essential home products, including furniture, electronics, appliances and accessories.

1. What Is the Brand Overview for Buddy’s Home Furnishings?

About the Brand

Buddy’s Home Furnishings was founded in 1961 and has grown into one of the largest rent-to-own franchises in the U.S., offering a wide range of home essentials including furniture, electronics, appliances and accessories. The brand is led by Michael Bennett, who brings decades of experience in the rent-to-own space.

Mission: To provide customers with affordable access to quality home products through a flexible rent-to-own model that respects their financial needs.

Vision: To be the nation’s most trusted name in rent-to-own by offering an unmatched customer experience and supporting franchisees with industry-best tools, systems and community.

Unique Selling Points (USPs):

  • Rent-to-own model allows flexible payment options for customers.
  • Name-brand furniture and appliances.
  • Recession-resistant business.
  • Localized marketing support and community engagement.
  • No long-term financial obligations for customers.

2. What Are the Franchise Opportunity Details?

Why Franchise With Buddy’s?

  • Proven business model with over 60 years of refinement.
  • Average of 24% free cash flow per store (top 25%).
  • 0% royalty fees for the first six months.
  • Comprehensive onboarding and operational support.
  • 86% of franchisees own multiple units.
  • Bulk purchasing power via proprietary Buddy’s Purchasing Portal.
  • Proprietary POS and technology systems.
  • Franchise consultants with over 23 years of industry experience.

Available Territories

Buddy’s is offering franchise opportunities across the U.S., with territories currently available in all states except California, Hawaii, Minnesota and Wisconsin.

Investment Overview

Initial Costs: The estimated initial investment to open a Buddy’s Home Furnishings franchise ranges from $375,650 to $797,540. The 2025 FDD breaks these costs down as follows:

Type of Expenditure

Min

Max

Initial Franchise Fee

$39,900

$39,900

Leasehold Improvements

$2,000

$109,000

Furniture, Fixtures & Equipment

$12,000

$25,000

Computer System

$3,150

$3,750

Signs

$500

$2,580

Rent (3 Months)

$6,600

$39,627

Security Deposits for Lease & Utilities

$7,500

$21,000

Initial Inventory

$192,000

$398,683

Insurance

$4,000

$9,000

Training Expenses

$2,000

$4,000

Grand Opening Advertising/Marketing

$10,000

$25,000

Professional Fees, Business Licenses & Permits

$1,000

$10,000

Additional Funds (3 Months)

$95,000

$110,000

Initial Franchise Fee: The initial franchise fee for a Buddy’s Home Furnishings location is $39,900, due upon signing the franchise agreement. The brand offers 0% royalty for the first six months as a limited-time incentive.

Ongoing Fees: According to the 2025 FDD, Buddy’s franchisees are responsible for the following ongoing payments and fees.

Type of Fee

Amount

Royalty Fee6% of gross sales/week
Marketing Fee$175/week
Tech Fee$1,050/month
Signage Lease Fee

$25 - $115/week for first 5 years

$1/week for the rest of the term of the Signage Lease Agreement

ROI Potential: According to the 2025 FDD, the 284 Buddy’s Home Furnishings franchise locations operational for the entirety of FY 2024 reported the following gross sales:

Quartile

Rental (Average)

Other (Average)

Gross Sales

Top Quartile (71)

$1,106,935

$48,184

$1,115,119

Second Quartile (71)

$709,879

$35,893

$745,772

Third Quartile (71)

$557,614

$29,264

$586,878

Bottom Quartile (71)

$388,939

$23,270

$412,209

Total (284)

$690,842

$34,153

$724,994

3. What Franchisee Support Does Buddy’s Provide?

Training Programs

Franchisees receive a comprehensive onboarding program, including access to the Buddy’s Playbook — a detailed manual with best practices and systems for store operations. Training includes classroom, on-site and virtual formats covering sales, product knowledge, store management and customer service.

Operational Support

  • Dedicated franchise consultants with 20+ years of experience.
  • Real estate team for site selection, lease negotiation, and build-out support.
  • Grand opening support and ongoing marketing collaboration.
  • Local marketing fund guidance and co-branded advertising materials.

Technology and Tools

  • Proprietary point-of-sale (POS) system built specifically for rent-to-own businesses.
  • 24/7 access to a purchasing portal with over 14,000 products.
  • Internal IT team for technical troubleshooting and infrastructure support.

4. What Are the Franchise Requirements for Buddy’s?

Eligibility Criteria

  • Liquid Capital: $200,000
  • Net Worth: $750,000

The ideal candidate is an independent rent-to-own retailer who’s ready to convert, expand or sell.

Operational Commitments

Buddy’s expects franchisees to be hands-on operators or to hire experienced managers. Semi-absentee ownership is possible with appropriate management infrastructure.

Funding Assistance

Buddy’s partners with BoeFly for financing solutions, including SBA loans. They also offer both in-house and third-party financing guidance.

5. Are There Franchisee Success Stories?

Brian Landau, Franchisee — Miami, Florida

Patrick Ruland, Franchisee — Mobile, Alabama

Mark Zinn, Max Zinn and Andrea Foley, Franchisees — Fort Lauderdale, Florida 

For more franchisee testimonials and success stories, visit https://buddysfranchising.com/home#pix_section_hear_from_franchisees.

6. What Is the Market Potential for the Rent-to-Own Industry?

The rent-to-own industry is a $12.2 billion market that has consistently grown for decades, proving resilient even during economic downturns. As consumer demand grows for flexible payment options and non-credit-dependent purchasing, Buddy’s is positioned to meet a permanent consumer need.

Key Drivers

  • Growing interest in “buy now, pay later” solutions.
  • Economic uncertainty driving preference for low-risk, flexible ownership.
  • Essential nature of home furnishings, electronics, and appliances.

Competitor Analysis

Buddy’s primary competitors include Rent-A-Center, Aaron’s and Premier Rental-Purchase. What sets Buddy’s apart is its 0% initial royalties, 60+ years of experience, localized marketing and strong leadership with franchise experience.

7. What Is the Application Process for Buddy’s Franchisees?

  1. Initial Consult: Intro call with Senior Director of Franchise Development Mitchell Lee.
  2. Short-Form Questionnaire: A quick online form to get to know you.
  3. Receive FDD: Get detailed financial and operational transparency.
  4. Franchise Application: Submit your financials and credit background.
  5. Discovery Day: Meet the leadership team in Orlando or virtually.
  6. BoeFly Submission and Verification: Third-party background and financial checks.
  7. Committee Review: Review of your qualifications and territory requests.
  8. Sign Franchise Agreement: Pay franchise fee and secure your location.
  9. Franchise Awarded: Officially join the Buddy’s franchise family.

To get the process started, complete and submit this online form on Buddy’s franchise website.

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Disclaimer: This content is for information only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. 

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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Luca Piacentini

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Luca Piacentini

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1851 Managing Editor